Cannabis company Leafly removes CEO over company management ‘concerns’

Leafly, the popular online marijuana strain and dispensary guide for consumers, removed Chris Jeffery as CEO less than a year after he was hired by the Seattle company.

Privateer Holdings, the Seattle-based private equity firm that acquired Leafly in 2011, confirmed to Marijuana Business Daily that Jeffery was out.

According to a statement emailed to MJBizDaily from Privateer Vice President of Corporate Affairs Zack Hutson, the Leafly board decided to replace Jeffery “after careful consideration due to concerns about his management of the company.”

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The company has begun a new search for a replacement. Hutson declined to go into detail about the circumstances regarding Jeffery’s departure.

Leafly currently has more than 150 employees in five countries and seven states, according to the statement from Hutson.